Chatham Maritime Trust is a unique organisation, set up to meet a special purpose
The Trust was formed in 1997 to take on the long-term management and maintenance responsibilities of the Chatham Maritime Estate, at the time one of the major urban regeneration sites in the country. Chatham Maritime Trust is a registered charity (no 1055710) and a company limited by guarantee. The Trust has four member organisations: Medway Council, HCA now known as Homes England and the Estate’s two occupier associations: St Mary’s Island Residents Association Ltd (residential) and South Maritime Residents Ltd (non-residential).
The member organisations each have rights of nomination for Trustee appointments (the HCA one and the others two each) and the Trustee Board typically also includes four or five “Independent Trustees” who are usually local professionals with relevant skills.
The Trust owns significant parts of the Chatham Maritime Estate, and acquires further sites as development completes. Eventually the Trust will own virtually all of the public domain of the Estate.
The Trust receives funding for maintenance of the Estate from three areas: South Maritime service charges, St Mary’s Island rentcharges and from the Trust’s own endowment funds. The maintenance expenditure at Chatham Maritime is in the order of a million pounds a year, and the Trust anticipates remaining as estate owner and manager at Chatham Maritime well into the 2100s.
Chatham Maritime Trust also plays a role in supporting the growing community at Chatham Maritime and community activities in the Medway Towns generally. The Trust does this through its Community Fund which it uses to promote events, and to sponsor or support community groups.
Welcome to the Chatham Maritime Trust
Chatham Maritime: an exciting new place to live, work, study and play.
Welcome to Chatham Maritime Trust and, via this website, to a range of exciting future opportunities for those seeking to live, work, study in, visit, develop and enjoy what has rapidly been evolving into one of the most dynamic regions in the U.K.
In 1997 the charity, Chatham Maritime Trust, was formed via a handover of estates from the regeneration agency English Partnerships. Today the Trust operates a portfolio of some 300 acres – much of it in strategic spaces across one of the UK’s largest and most significant urban regeneration projects.
We are proud to be a driving force for future investment in the Medway region. The Trust is tasked with both long-term management and maintenance of what is known as the Chatham Maritime Estate in support of five key strategic objectives. The Board will always aim to:
- ensure the Estate is maintained to a high standard
- deliver services that represent value for money
- act as a key partner representing Chatham Maritime
- engage with local communities
- ensure that Chatham Maritime Trust is sustainable
The Chatham Maritime Trust is here to make the future happen and to do so in a way that creates both opportunity and real legacy. Please take a look at the website and then come and meet us to discuss your own plans, intentions and hopes. Let’s see if, together, we can develop meaningful opportunities.